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. >>> to washington for the battle to avoid the fiscal cliff heating up. president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men
. >>> to washington for the battle to avoid the fiscal cliff heating up. president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with...
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Nov 29, 2012
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. >> reporter: meanwhile with the so-called fiscal cliff looming, president obama sends his chief negotiator, tim geithner, to capitol hill today for individual meetings with each member of the congressional leadership, including speaker boehner. wednesday, mr. obama brought back a campaign atmosphere, surrounding himself with what he called average middle class families to ramp-up pressure on republicans. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> reporter: the president wants congress to extend the bush tax rates for those making less than $250,000, but let taxes go up for everyone else. he's taking that message on the road friday to pennsylvania. not to be outdone on the pr front, house republicans hosted a group of nervous business leaders who have signed on to a campaign called "fix the debt" who want spending cuts to supplement the tax hikes. >> we put revenue on the table as long as it's accompanied by serious spending cuts to avert this crisis. >> reporter: and as the president gets set to change up
. >> reporter: meanwhile with the so-called fiscal cliff looming, president obama sends his chief negotiator, tim geithner, to capitol hill today for individual meetings with each member of the congressional leadership, including speaker boehner. wednesday, mr. obama brought back a campaign atmosphere, surrounding himself with what he called average middle class families to ramp-up pressure on republicans. >> if congress does nothing, every family in america will see their taxes...
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Dec 4, 2012
12/12
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state governors meeting with president obama to express their fears about the fiscal cliff while both sides squabble. we are going to get an expert lesson from a best-selling author on the art of getting deals done. investors are getting ready for friday's crucial employment report. so where are the jobs right now who is hiring? who is creating them in the face of the fiscal cliff? we have got the answers and they may surprise you. >>> and let the debate begin. it's a little fuzzy, roll the tape. there you go a new study says high-speed trading on wall street is hurting the small investor and even puts a price tag on exactly how much the little guy is getting killed. you know they're talking about that one, sue, down at the new york stock exchange. how are you doing, sue? >> great, ty. indeed they are talking about that and we are going to talk bhort exact numbers on that study in just a few minutes. stocks are steady. talks continuing in washington. we are just down about 12 points on the dow jones industrial average, 27 days until america goes over that fiscal cliff. the president j
state governors meeting with president obama to express their fears about the fiscal cliff while both sides squabble. we are going to get an expert lesson from a best-selling author on the art of getting deals done. investors are getting ready for friday's crucial employment report. so where are the jobs right now who is hiring? who is creating them in the face of the fiscal cliff? we have got the answers and they may surprise you. >>> and let the debate begin. it's a little fuzzy,...
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Nov 30, 2012
11/12
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i want to show you president obama is taking his fifth fiscal cliff plan on the road today if you will and there is a shot of him in pennsylvania. the president is speaking there. this comes fresh after republicans rejected his offer. >> yeah. that's right, scott. the president just got a tour of this toy factory in pennsylvania within the past couple minutes and now is speaking. we're told what he is going to say in this speech is that he wants a deal which raises taxes on the wealthy and he'll specifically say he wants a deal that raises tax rates on the wealthy not just limits deductions and other things. interestingly, scott, on the air force flight over there a white house spokesman briefed reporters and told them he was surprised republicans were so surprised about the details of the president's offer yesterday because the president talked about so much of this stuff early on. i can tell you that offer went over like a lead balloon here on capitol hill. republican members of congress were not thrilled with $1.6 trillion in new taxes and $50 billion in new stimulus style spending.
i want to show you president obama is taking his fifth fiscal cliff plan on the road today if you will and there is a shot of him in pennsylvania. the president is speaking there. this comes fresh after republicans rejected his offer. >> yeah. that's right, scott. the president just got a tour of this toy factory in pennsylvania within the past couple minutes and now is speaking. we're told what he is going to say in this speech is that he wants a deal which raises taxes on the wealthy...
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dennis: president obama pushing the fiscal cliff to the business leaders. cheryl: speaker john boehner is getting an earful saying he is caving. rich edson is in washington with more. >> perhaps folks in washington are thinking maybe these two sides will get down to actually doing sometime soon but they say that is noo happening right now. house speaker john boehner said he's willing to sit down and talk to the president. we asked the white house if they plan on calling the speaker of the house inviting him over for a phone call, the white house hasn't responded to that question. coming down to two objects. >> if all you're relying on his closing exceptions and loopholes. let me amend that. it is not wise to do as a practical matter. >> they will come from guess who. the rich. there are ways to limit the options, close the polls and have them pay more of their money to the federal government without raising tax rates. >> that seems to be the key to this entire fiscal cliff mess. president obama saying the roundtable was struck by ceo's willingness to pay hi
dennis: president obama pushing the fiscal cliff to the business leaders. cheryl: speaker john boehner is getting an earful saying he is caving. rich edson is in washington with more. >> perhaps folks in washington are thinking maybe these two sides will get down to actually doing sometime soon but they say that is noo happening right now. house speaker john boehner said he's willing to sit down and talk to the president. we asked the white house if they plan on calling the speaker of the...
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Nov 30, 2012
11/12
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more "squawk on the street" straight ahead. >>> president obama's fiscal cliff puts the focus on another company. we want to listen into what the ceo had to say about the cliff. >> i think we have to rise above all of the partisan rhetoric that we've been talking about. what we're talking about here is a fiscal cliff as a math problem. we have solved bigger problems as a nation in the past. i'm 100% confident we'll have a deal by the end of the year and gdp growth will be above 4% next year. >> congressman jim gerlach represents the district next door to where the president will be today. yesterday we had speaker boehner come on national television and say the president needs to stop campaigning. here he is yet again today going basically to your part of the country. how does that feel? >> he's going to be up in southeastern pennsylvania near where my legislative district is. i think the president ought to get off the campaign bus and get into the conference room with the speaker and the other congressional leaders and work out a deal. we only have about 30 days to go before the end of t
more "squawk on the street" straight ahead. >>> president obama's fiscal cliff puts the focus on another company. we want to listen into what the ceo had to say about the cliff. >> i think we have to rise above all of the partisan rhetoric that we've been talking about. what we're talking about here is a fiscal cliff as a math problem. we have solved bigger problems as a nation in the past. i'm 100% confident we'll have a deal by the end of the year and gdp growth will...
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Nov 30, 2012
11/12
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FBC
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president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lo
president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every...
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however, within a year, it will be seen as obama's recession. >> there you go. stuart: and it may just ruin his second term. that's what i think. charles: i agree with that, but not necessarily the time line. stuart: i'm sorry we had such little time. >> i got to jump in on something more substantial on whether i can eat pizza while i'm driving. [laughter] charles: i was curious about the answer. stuart: it used to be that a house in a good neighborhood is the best investment you can make. some people say that's no longer the case. i will have my take on it next. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness fromsoriatic arthris hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i taed to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infectio
however, within a year, it will be seen as obama's recession. >> there you go. stuart: and it may just ruin his second term. that's what i think. charles: i agree with that, but not necessarily the time line. stuart: i'm sorry we had such little time. >> i got to jump in on something more substantial on whether i can eat pizza while i'm driving. [laughter] charles: i was curious about the answer. stuart: it used to be that a house in a good neighborhood is the best investment you...
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Dec 6, 2012
12/12
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WBAL
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president obama is warning against another battle like last year. >> that is unacceptable. >> explaining republican should not think they will get leverage by giving in to some democratic fiscal cliff demands now. >> that is a bad strategy for america and for businesses and it is not a game i will play. >> house leader say if the president does not agree with their plan, he should come back to the table. >> sit down with us and be serious about spending. >> if the suspect and continues to play politics, that will give you an answer about where we're going. >> they are planning for the worse, asking agencies to be ready for big cuts. >> the potential for this to happen. >> house members start a long weekend today. speaker boehner said he will be around to talk to the president. gop leaders will not adjourn for the holidays until some kind of fiscal cliff strategy is found. the point man is tim geithner and said the administration is willing to let the country over the fiscal cliff because that is how important they see these increases going back up for the wealthy. they say they cannot so
president obama is warning against another battle like last year. >> that is unacceptable. >> explaining republican should not think they will get leverage by giving in to some democratic fiscal cliff demands now. >> that is a bad strategy for america and for businesses and it is not a game i will play. >> house leader say if the president does not agree with their plan, he should come back to the table. >> sit down with us and be serious about spending. >>...
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Dec 5, 2012
12/12
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KPIX
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president obama meets today with business leaders focusing on ab boarding the fiscal cliff. on capitol hill democrats and republicans are not meeting and a deal does not seem to be close. in a just-released gallup poll, 62% of americans want to see a compromise. 25% want republican and democratic leaders to hold firm on spending cuts and tax increases. major garrett is at the white house this morning. >> reporter: there is a common thread running through all of this. the public wants a deal. so do the governors, mayors, civic leaders, business executives and everyone else who has come through capitol hill and the white house to talk about the fiscal cliff. for the first time since this drama began to play out on a very public stage, yesterday there were no substantive negotiations or conversations whatsoever, none at all. and here is what the public thinks about all this. if, in fact, the nation does go off the fiscal cliff and negative consequences ensue, by a two to one ratio, by the most recent poll, it will blame republican, not the white house. the white house knows thi
president obama meets today with business leaders focusing on ab boarding the fiscal cliff. on capitol hill democrats and republicans are not meeting and a deal does not seem to be close. in a just-released gallup poll, 62% of americans want to see a compromise. 25% want republican and democratic leaders to hold firm on spending cuts and tax increases. major garrett is at the white house this morning. >> reporter: there is a common thread running through all of this. the public wants a...
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Dec 4, 2012
12/12
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CURRENT
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was going to take us over the fiscal cliff. >> stephanie: yes, and it is because of republicans. you know what the funny names for republicans, just leave that to us. [ bell chimes ] [ applause ] >> stephanie: david marshmallow. yeah. hi, bob. >> caller: good morning. i just wanted to call about the bob costas thing and just say i started shooting when i was ten year's old, and i still believe there is a place for regulation in gun control. >> stephanie: uh-huh. >> caller: and i think the people that shout the loudest don't speak for even the majority of gun owners and i think there is this trained pavlovian dog whistle, and there's no room for discussion. >> stephanie: yeah, and he wasn't even talking about gun-control legislation. how can anybody say that is not true? i bet there would be a lot of domestic disputes that would not end this way if there were not a gun in the house. >> caller: i agree completely. he was quoting a writer from kansas city, who was closer to the situation. but the important part for my point is they attack nbc, and bob costas and they believe they sh
was going to take us over the fiscal cliff. >> stephanie: yes, and it is because of republicans. you know what the funny names for republicans, just leave that to us. [ bell chimes ] [ applause ] >> stephanie: david marshmallow. yeah. hi, bob. >> caller: good morning. i just wanted to call about the bob costas thing and just say i started shooting when i was ten year's old, and i still believe there is a place for regulation in gun control. >> stephanie: uh-huh. >>...
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Nov 30, 2012
11/12
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. >>> president obama hopes to generate support for his plan to avoid the "fiscal cliff" at a pennsylvania toy factory today. on capitol hill, treasury secretary timothy geithner pitched the president's plan to house and senate leaders yesterday. it includes $1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs. but it doesn't look like geithner's visit did much to bring republicans and democrats any closer to agreement. >> the democrats have yet to get serious about real spending cuts. >> we are waiting for something specific from republicans to show they are serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and across- the-board budget cuts would take effect. >>> former president george h.w. bush is expected to be released from the hospital sometime this weekend. he has been fighting bronchitis since the day after thanksgiving. the 88-year-old is said to be doing well though. good news there. doctors say bush's age and other health conditions have complicated his recovery but he is going to be just fine. >>> well, on
. >>> president obama hopes to generate support for his plan to avoid the "fiscal cliff" at a pennsylvania toy factory today. on capitol hill, treasury secretary timothy geithner pitched the president's plan to house and senate leaders yesterday. it includes $1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs. but it doesn't look like geithner's visit did much to bring republicans and democrats any closer to agreement. >> the democrats have...
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the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian president assad's regime is on the verge of releasing chemical weapons against its own people. allies want assad to step down to prevent bloodshed. russia is syria's strongest ally. so support for any plan is critical. >>> search and rescue teams are still finding survivors two days after a powerful typhoon bopha struck the southern philippines, but the death toll has climbed beyond 375, and hundreds of people are still missing there. survivors include a 3-year-old child pulled from under a crumbled house and a man who lived for two
the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian...
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Nov 30, 2012
11/12
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KPIX
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. >>> president obama hopes to generate support for his plan to avoid the "fiscal cliff" during an appearance today at a pennsylvania toy factory. on capitol hill, treasury secretary timothy geithner pitched the president's plan to congress yesterday. it includes 1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs but it doesn't look like geithner's visit did much good. >> the democrats have yet to get serious about real spending cuts. >> we are waiting for some specifics, somewhere, from our republican colleagues to show that they are serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and across- the-board budget cuts would take effect. >>> 6:09 on your friday now. the car of the year is going up in price. plus, could this be the mystery multimillionaire? take a look. new video of the possible winner of the record powerball jackpot. >> and a messy morning out there. we're on the stormwatch as we go to break with a look at our hi-def doppler all covered in green and yellow. an update on the storm when we come back. ,,,,,,
. >>> president obama hopes to generate support for his plan to avoid the "fiscal cliff" during an appearance today at a pennsylvania toy factory. on capitol hill, treasury secretary timothy geithner pitched the president's plan to congress yesterday. it includes 1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs but it doesn't look like geithner's visit did much good. >> the democrats have yet to get serious about real spending cuts....
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Dec 1, 2012
12/12
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CSPAN
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host: what do the tea party people have to do with the fiscal cliff? caller: we would not have if this -- we would have a fiscal cliff if not for the tea party republicans. the republicans will never agree with obama. they will never do it. they are undercover klansmen. they go up to washington and have been causing us trouble ever since. we're going to take our brains to the polls next time. host: from pennsylvania on the line for republicans. caller: a couple of points. one has to do with president obama saying we must have a balanced approach. the second one has to do with the term mandate. the third has to do with what the congress is. president obama says we must have a balanced approach to this. when i look at the term balance, i think, ok. the have revenue increases. you must also have at the same time expenditure decreases. i hear nothing but let's increase revenue, i hear nothing about decrease in expenditures. the only reference that has been made is "we will do that in the out years, six years down the line." according to the constitution, e
host: what do the tea party people have to do with the fiscal cliff? caller: we would not have if this -- we would have a fiscal cliff if not for the tea party republicans. the republicans will never agree with obama. they will never do it. they are undercover klansmen. they go up to washington and have been causing us trouble ever since. we're going to take our brains to the polls next time. host: from pennsylvania on the line for republicans. caller: a couple of points. one has to do with...
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Dec 4, 2012
12/12
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. >>> president obama will host a group of governors today to talk about the "fiscal cliff" after he rejected a counterproposal from congressional republicans. that plan promised to trim $2.2 trillion over the next 10 years and cuts from entitlements and billions in new tax revenues only from tax reform. and not in raising rates on the wealthy. and that's the sticking point. >> rates have to rise and the republicans need to acknowledge that, that that's the only way to get from here to there. >> in a statement, the white house says the plan fails the balance test. if the two side can't reach a deal by 12/31, hikes and cuts will kick in. >>> frustrated with facebook privacy settings? how you can make your voice heard this week. >> have you gotten your flu shot? why this season may be the worst in nearly a decade. >> a royal baby on the way. why the kind of morning sickness kate has is fueling speculation about twins. ,,,,,,,,,,,, secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health
. >>> president obama will host a group of governors today to talk about the "fiscal cliff" after he rejected a counterproposal from congressional republicans. that plan promised to trim $2.2 trillion over the next 10 years and cuts from entitlements and billions in new tax revenues only from tax reform. and not in raising rates on the wealthy. and that's the sticking point. >> rates have to rise and the republicans need to acknowledge that, that that's the only way to...
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Nov 29, 2012
11/12
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CNBC
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to discuss middle class tax cuts and the dangers of the fiscal cliff. it is a factory i toured as part of our "how i made my millions" series earlier this year. what is this called? >> just a hopper. >> reporter: intricate creations constructed with a plastic product called k'nex, a build it yourself toy invented by this big kid, joel blickman at the age of 50. >> i really built k'nex for myself. >> reporter: he was so convinced everyone would clamor for the toy, he pitched it to mattel and hasbro. >> what ends up turning out was that none of the toy companies wanted it. >> how do you overcome the rejection? >> you get annoyed, which i did. and decide well, we'll do it ourselves. if they're that dumb, what they know can't be that difficult to learn. >> reporter: they developed their own packaging, started marketing it. at first, they shipped it out to a few local shops. >> and they make those toys all in america. p "power lunch" exclusive, the kroe ceo, michael erickson. why do you think the president chose your factory, your company to make his fiscal
to discuss middle class tax cuts and the dangers of the fiscal cliff. it is a factory i toured as part of our "how i made my millions" series earlier this year. what is this called? >> just a hopper. >> reporter: intricate creations constructed with a plastic product called k'nex, a build it yourself toy invented by this big kid, joel blickman at the age of 50. >> i really built k'nex for myself. >> reporter: he was so convinced everyone would clamor for the...
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Nov 30, 2012
11/12
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KTVU
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avoiding the fiscal cliff. the president will make the case that congress needs to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timny geithner. the white house proposal consists of $1.6 trillion in higher taxes. and want $50 billion in infrastructure spending until 2015. >>> more bay area cities are considering taxes on soda sales. the first city to put the idea up for public vote was richmond. that was defeated earlier this month. now berkeley, vallejo, and alameda county are all thinking about similar measures. the soda industry said the tax would not work because consumers would go to neighboring cities to buy their drinks without the tax. >>> if you want to you'll get a chance to play the power ballot reflection year. the california lottery commission just voted they will join the power ball game and power ball tickets will go on sale here in califo
avoiding the fiscal cliff. the president will make the case that congress needs to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timny geithner. the white house proposal consists of $1.6 trillion in higher taxes. and want $50 billion in infrastructure spending until 2015. >>> more bay area cities are considering taxes on soda...
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Dec 8, 2012
12/12
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CSPAN
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some of the small businessmen who met with president obama as part of the fiscal cliff talks have benefited from that. host: how many times has unemployment insurance been extended, the programs we're talking about? guest: twice before, i believe. the most current time was in 2010. that was when president obama also extended all of the bush era tax breaks that are about to expire. host: first, we have a question from cindy. >> watch the rest of this segment on our website, c- span.org. we now go to the national press club in washington, where senator mark warner is the sponsor of legislation to allow highly skilled immigrants into the u.s. the university of virginia is hosting this. will also hear from the uva president teresa sullivan and steve case, the founder of aol. >> we have instructed the panel is not to say hello to friends and family, so i will do it for them. hi, mom, i kids. tonight's keynote concludes a series of discussions about the problems, prospects, and policies are running high skilled immigration policy in the u.s. this morning at the miller center washington d.c. offic
some of the small businessmen who met with president obama as part of the fiscal cliff talks have benefited from that. host: how many times has unemployment insurance been extended, the programs we're talking about? guest: twice before, i believe. the most current time was in 2010. that was when president obama also extended all of the bush era tax breaks that are about to expire. host: first, we have a question from cindy. >> watch the rest of this segment on our website, c- span.org. we...
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Nov 30, 2012
11/12
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KGO
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hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the wealthiest 2%, let's get that first chunk done. republicans fear they could lose leverage if they cave in on the middle-class issue. apparently the president, his team has made increased demand here including, a provision now, part of the negotiations where, the congressional control over the debt limit would go away. and congress does not like to have its power take any way. so maybe the white house, upped the ante and played the stronger card and has republicans balking, according to reporting by "the washington post." that's a new element, all of that, that could p
hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the...
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Dec 4, 2012
12/12
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CURRENT
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does that mean president obama wins the debate on the fiscal cliff? >> i think in the end he will get what's the most important thing to him which is the 98%. could he be more clear bill? that's the one nonnegotiable thing. he's saying this is the one thing i want. therefore, everything else, maybe he can't deal on. yeah, there's a lot of ways you could take care of ensuring that the wealthiest still get many breaks but this is one the tax rate break that the president doesn't want to give. i find it fascinating that when the republicans as they did yesterday put out a counteroffer, they might be proud new republicans have signed on. i remember this whole debate is only about finding 30 or 40 republicans to go with the democrats to make the 218 majority. it is not about converting everyone who signed a grover norquist pledge. this whole thing is about finding 30 or 40 republicans. >> bill: which means of course they have to bring it up for a vote. they could vote. with that, we'll have to pick it up again after the break with lynn sweet here on the "f
does that mean president obama wins the debate on the fiscal cliff? >> i think in the end he will get what's the most important thing to him which is the 98%. could he be more clear bill? that's the one nonnegotiable thing. he's saying this is the one thing i want. therefore, everything else, maybe he can't deal on. yeah, there's a lot of ways you could take care of ensuring that the wealthiest still get many breaks but this is one the tax rate break that the president doesn't want to...
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Nov 30, 2012
11/12
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. >>> and it looks like those talks in washington to avoid that so-called fiscal cliff, looming at year's end, will go down to the wire after all. senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all u.s. imports come through those terminals. negotiations are set to resume today. >>> very unusual scene just south of there, in san diego. an out-of-control truck slammed into a fire hydrant, sending water shooting cinematically 30 feet into the air. like a geyser. the truck actually plowed into a bar, leaving a gaping 11-foot hole in the wall. thankfully, no one was hurt. >>> now, here's diane sawyer, with a preview of tonight's "world news." diane? >> josh, great
. >>> and it looks like those talks in washington to avoid that so-called fiscal cliff, looming at year's end, will go down to the wire after all. senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in...